New Micro Cap

As promised I present to you another micro cap coin. Now, some of you may look at this coin and think, WOW its pumped quite a bit! You would be correct. However we are talking about a mere $6 million market capitalization here so I simply don’t care personally. 

The coin’s name is HILO

HILO is a relatively new crypto coin, so it is still too early to say how successful it will be. However, the concept of binary betting on crypto prices is interesting, and HILO could potentially be a valuable tool for traders.

Here are some of the pros and cons of HILO crypto coin:

Pros:

• Simple to use: HILO is a very easy-to-use platform. Users can make binary bets on the price movement of other cryptocurrencies with just a few clicks.
• Low fees: HILO fees are very low. The platform charges a 0.1% fee on all trades.
• Liquidity: HILO tokens are relatively liquid. They can be traded on several decentralized exchanges.

Cons:

• Risky: Binary betting is a risky investment. There is a high chance of losing money if you make the wrong prediction.
• Volatile: The price of HILO tokens is very volatile. This means that the price can go up or down significantly in a short period of time.
• Unregulated: HILO is not regulated by any financial authority. This means that there is no guarantee that you will be able to withdraw your funds if something goes wrong.

Contract Address:0xbb9fd9fa4863c03c574007ff3370787b9ce65ff6

Website: https://www.hilodapp.com/

I bought this on Uniswap using the pair HILO/WETH

I placed a small amount equaling under 1 percent of my portfolio into this. 

This IS VERY RISKY. Slippage can be huge so please be careful if you are copying this trade. I could not buy much because it would have moved the price quite a bit. 

I will keep trying to find more micro caps while we are in this accumulation phase.